RE: The only way for this is up now I'm calling it 10p20 Apr 2021 13:16
The first real interest point for me is at around the 3.4p levels as that's the price the bondholders swapped their debt at for new equity. Right now and according the latest filings It doesn't seem like any of them have taken a hair cut on that, only some of the older holders that held equity pre re-structuring like Standard Life.
So looks like they found a 11.8ct blue diamond that didn't get rns'd and that sold for $9.5m, another example of how the Cullinan mine is really finding some stunning stones of late. As a reminder, a 39ct blue is soon to be sold, my conservative $15m figure now looking very conservative.
Performance at F & K should improve a lot ahead with heavy rainfall season behind.